Tiger Global Joins Rush for Pakistan Startups With Fintech Bet
- CreditBook seeks to shift businesses to digital accounting
- Pakistan’s startups have seen record funding rush this year
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Pakistan’s CreditBook, a firm that offers digital bookkeeping solutions to small businesses, has raised funds that marks the first investment by Tiger Global Management LLC in the nation’s booming startup space.
CreditBook has raised $11 million investment led by Tiger Global and Firstminute Capital LLP, according to a statement. Previous investors Better Tomorrow Ventures LLC, VentureSouq, Ratio Ventures Ltd. and i2i Ventures also participated in the current funding round.